May 24, 2012

Punjab Petrol Costliest- Worse Than Gen Dyer's Bullets

THERE ARE OVER RECOVERIES IN PETROL NOT UNDER RECOVERIES

PUNJAB PETROL COSTLIEST IN THE COUNTRY

 To protect the Interests of Vote Banks ( Rich Farmers ) Diesel is being
very heavily subsidised . Aam Aadmi `s Petrol is being very heavily
taxed to cross subsidise Vote Bank `s Diesel. 

Even today , Petrol costs around Rs. 37 to produce . Rest are all TAXES.

 There are no Under Recoveries in Petrol . Rather there are OVER RECOVERIES in Petrol .In
Punjab Petrol is being sold nearly Rs. 8 Per Liter costlier than in the
neighbouring state of Haryana although in both Punjab and Haryana Petrol
is sourced from same set of refineries.

 It is worse than the days of Gen.Dyer (1919 - Jallianwala Bagh ). The Non Vote Bank Indian , the Aam
Aadmi is not being killed by 303 Lee Enfield Bullets ( as in Colonial
Times ) but by Highly Discriminatory Petrol , Electricity and Toll Tax
Levies

( In India at Plazas Toll Dodgers are categorized at V I P s
and those who pay as Aam Aadmi )

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Petrol Costs Only Rs.35 Per Liter - No Under Recoveries

There are absolutely no Under Recoveries in Petrol . It costs Rs. 35 Per Liter. Rest are all Taxes.

By calling under recoveries in Petrol the Aam Aadmi ( the Middle Class ) is being mis guided.

Two points need to be considered here :-

Petrol Price has been Decontrolled while that of Diesel , Kerosene kept regulated ( administered ) . So the burden massive subsidy for Diesel etc is put on Petrol . Hence , in a misleading manner it is called UNDER RECOVERY IN PETROL.

 Actually it is OVER RECOVERY IN PETROL . 

Indian OIL Corporation ( IOC ) is right when i t asks the Govt. to keep   even Petrol as an administered and Controlled petroleum product.

Petrol is costing only Rs. 35 Per Liter. Rest are all Taxes - Central ,State , Municipal.

In Punjab Petrol costs  around Rs. 75 Per Liter. Octroi ( Choongi ) is continued to be  levied in Urban  areas despite the fact that Octroi has been abolished in Punjab and  to remove Octroi from Petrol was one of the Poll promises of the presently Ruling Parties of Punjab   

Petrol is used mainly by the Common Man ( Middle Class ). But Petrol is made to cross subsidise Diesel which ks used by the Vote Banks.

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